Tuesday, Dec 01st

Last update04:10:06 AM GMT

You are here News Economy U.S. Government: The World's Largest Homeowner

U.S. Government: The World's Largest Homeowner

E-mail Print PDF

The US government will own every house that is foreclosed on as well as those where people simply decide to walk away.

  • Exactly what will the Government do with those houses?
  • What will the losses be?
  • How much would it cost to prevent foreclosures?
  • What about walk-aways?

Questions like these are why Treasury Secretary Paulson and Chairman Ben Bernanke want you to rush passage of this bill. Both want you to pass Paulson's bill before you have time to think.


Most Recent Related Stories...

Federal Reserve ends 'too big to fail' lending policy

YellenThe Federal Reserve Board approved a rule Monday prohibiting the government from extending emergency loans to...

Inside the Money Laundering Scheme That Citi Overlooked for Years

Citi money laundering schemeWhen Antonio Peña Arguelles opened an account in 2005 at Citigroup’s Banamex USA, the know-your-customer documents...

Another big corporation is flagrantly dodging tax. This must be outlawed

Another corporation evades taxesNo invention of modern capitalism so enrages the public as does the tax haven. When giant...

NY's Gov. Andrew Cuomo raising minimum wage for state employees

NY Gov. CuomoNew York Gov. Andrew Cuomo on Tuesday announced plans to give all state workers a minimum...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!